SUMMARY
The ElphaPex DG Home 1 (2Gh) is a cost-effective mining machine designed for small-scale miners focusing on LTC+DOGE mining. With a hash rate of 2 GH/s, power consumption of 620W, and efficiency of 0.31 J/MH, it offers a balanced combination of performance, affordability, and energy efficiency. While its daily profitability is moderate, it provides a reliable option for miners seeking a steady return on investment, especially in markets with low electricity costs.
Table of Contents
Technical Specifications
Manufacturer | ElphaPex |
Model | DG Home 1 |
Also known as | DG Home 1 (2000M) |
Release | Oct 2024 |
Noise level | 50db |
Cooling | Liquid cooling |
Power | 620W |
Interface | Ethernet 10/100M |
Temperature | 5 – 45 °C |
Humidity | 5 – 95 % |
Comparing ElphaPex DG Home 1 with Other Top LTC+DOGE Home Miners
Parameter | ElphaPex DG Home 1 | FLUMINER L1 | Goldshell E-DG1M | VolcMiner Mini | Goldshell Mini-DOGE III Plus |
---|---|---|---|---|---|
Hashrate | 2.1 GH/s | 5.3 GH/s | 3.4 GH/s | 2.2 GH/s | 810 MH/s |
Power | 630 W | 1200 W | 1800 W | 500 W | 500 W |
Efficiency | 0.3 J/MH | 0.226 J/MH | 0.529 J/MH | 0.23 J/MH | 0.617 J/MH |
Miner Price | $1,899 | $10,149 | $2,450 | $5,000 | $789 |
Payback Period | 337 days | 698 days | 294 days | 828 days | 411 days |
Net Profit Per Day | $5.64/day | $14.54/day | $8.34/day | $6.04/day | $1.92/day |
Why Choose ElphaPex DG Home 1?
The ElphaPex DG Home 1 offers a well-balanced option for those looking for a combination of moderate power consumption, reasonable price, and decent profitability. Here’s why:
Efficiency: With a power efficiency of 0.3 J/MH, it provides better performance than Goldshell E-DG1M and Goldshell Mini-DOGE III Plus while maintaining moderate energy consumption.
Price: Priced at $1,899, it is more affordable than FLUMINER L1 and VolcMiner Mini, making it a suitable choice for budget-conscious users.
Payback Period: At 337 days, its payback period is faster than VolcMiner Mini and FLUMINER L1, but slightly slower than Goldshell E-DG1M.
Net Profit: With a daily profit of $5.64, it strikes a good balance, outperforming Goldshell Mini-DOGE III Plus and being competitive with VolcMiner Mini.
In conclusion, the ElphaPex DG Home 1 is an excellent mid-tier mining option, ideal for users seeking a cost-effective machine with manageable electricity requirements and a reasonable return on investment.
LTC Merged Mining Coin Prices
ViaBTC supports merged mining of LTC with multiple coins, enabling miners to earn rewards from six coins without additional hashrate or impact on primary coin rewards:
LTC (Litecoin): Launched on November 9, 2011, the first crypto based on the Scrypt algorithm. Current price: $112.82
DOGE (Dogecoin): Created as a joke in 2013, it features the Shiba Inu mascot and is widely popular. Current price: $0.3942
BELLS (Bellscoin): Created by Dogecoin founder Shibetoshi in 2013 and relaunched in December 2023. Current price: $0.6042
LKY (Luckycoin): Launched in 2013 by anonymous developer LuckyC, revived in 2024 by community volunteers. Current price: $0.8031
PEP (Pepecoin): A Dogecoin fork launched in January 2024, focused on being community-driven. Current price: $0.0004656
JKC (Junkcoin): Created in May 2013 as a Litecoin fork, revived in November 2024 as an early meme coin. Current price: $0.09673
ElphaPex DG Home 1 Profitability
The ElphaPex DG Home 1 operates on the Scrypt algorithm, delivering a hashrate of 2 GH/s (±3%) while consuming 620W (±10%), resulting in an efficiency of 0.31 J/MH.
Based on the profitability data from the provided chart:
Daily Earnings:
0.00411341 LTC
15.5302619 DOGE
0.0239396 BELLS
Estimated Total Revenue: $6.59 per day
Electricity Costs:
Assuming a rate of $0.04 per kWh, with a daily power usage of 14.88 kWh (620W x 24 hours), the electricity expense is $0.60 per day.
Net Profit:
After deducting electricity costs, the net daily profit is $5.99 per day.
Key Insights:
The ElphaPex DG Home 1 offers a balanced profitability with modest power consumption and decent returns, making it ideal for small-scale mining operations or users prioritizing energy efficiency.
While its profits are lower compared to higher-end models, its low electricity usage and affordable upfront cost provide a strong return on investment in markets with inexpensive energy.
Future Perspective of ElphaPex DG Home 1
The combination of LTC’s fast transaction technology and DOGE’s strong community support makes LTC+DOGE mining a lucrative and sustainable opportunity.
As demand for LTC+DOGE mining continues to grow, advanced mining machines like the ElphaPex DG Home 1 (2Gh) play a pivotal role. With a hash rate of 2 GH/s and an energy efficiency of 0.31 J/MH, the ElphaPex DG Home 1 positions itself as a strong contender for cost-conscious miners in early 2025. Its balanced performance, affordable price, and moderate efficiency make it an excellent choice for small-scale mining operations while still delivering steady profitability.
However, the future profitability of the ElphaPex DG Home 1 will depend on the following factors:
Market Dynamics
- Rising interest in LTC+DOGE mining could lead to the development of more advanced mining hardware, potentially influencing the competitiveness of the ElphaPex DG Home 1.
Mining Difficulty
- Increasing network participation will drive up mining difficulty, potentially reducing block rewards and profitability for existing hardware.
Regulatory and Market Trends
- Global regulatory changes and shifts in market sentiment toward cryptocurrencies could affect mining profitability and long-term viability.
CONCLUSION
The ElphaPex DG Home 1 is an excellent entry-level mining machine for individuals or small-scale operations looking to benefit from the growing demand for LTC+DOGE mining. Its affordable price and low electricity usage make it a practical choice for miners operating on a budget. However, long-term profitability will depend on market dynamics, mining difficulty, and regulatory developments. With careful planning and monitoring of these factors, the ElphaPex DG Home 1 can serve as a sustainable and profitable mining solution.
FAQs on ElphaPex DG Home 1
What coins can the ElphaPex DG Home 1 mine?
The ElphaPex DG Home 1 supports the Scrypt algorithm, making it compatible with coins like Litecoin (LTC), Dogecoin (DOGE), and other Scrypt-based cryptocurrencies.
What is the estimated payback period for the ElphaPex DG Home 1?
Based on current market conditions and daily profitability of approximately $5.99, the estimated payback period is around 317–340 days, depending on electricity costs and market fluctuations.
Is the ElphaPex DG Home 1 suitable for beginners?
Yes, its affordable price, low power consumption, and user-friendly setup make it an ideal choice for beginners and small-scale miners. It offers a manageable entry point into LTC+DOGE mining with a reasonable return on investment.